Standard Chartered has selected Asset Control’s AC PriceMaster to manage multi-sourced price data and generate risk factors for financial markets globally. The first phase of the implementation is projected for completion at the end of the year. According to Rajesh Bhatia, group head of market risk at Standard Chartered, the bank “is (active) in more than 50 markets. Therefore, our data layer must support not only advanced risk control, but also provide global access and manipulability to support timely research and disciplined pricing.” The selection of AC PriceMaster followed an evaluation of a number of data management platforms. AC PriceMaster is the new quick-start version of the Asset Control price data management solution. The system automates the market data lifecycle by gathering and verifying, consolidating and cleansing real-time and historical prices, creating and maintaining risk factors and curves.
A-Team Insight Blogs
Standard Chartered Opts for Asset Control’s PriceMaster
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The Data Management Summit Virtual will bring together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Join us online to hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.
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